Jakarta to have biggest gain in office rents through 2014

Jakarta is likely to have the biggest jump in office rents globally through 2014 as technology and financial-service firms expand into emerging markets, Cushman & Wakefield said. Office rents probably will climb 79 percent in the Indonesian capital from the end of last year through the fourth quarter of 2014, according to the brokerage’s Global Office Forecast.
Sao Paulo is likely to have the second-biggest increase, at 59 percent, followed by San Francisco with a 33 percent gain, according to the report. London rents are expected to rise 21 percent, ranking it No. 10 on Cushman’s list………………………………………..Full Article: Source